[bestwriter]

A country's ecoomy and its ranking is based on the per capita income and this gives a false picture. In India particularly almost ninety percent of the money is owned by just two or three but the per capita income is arrived at by dividing total income with tota population

Is this a fair assessment?

[Netherrealmer]

.What I know, India is now a richer country than the UK, but India have higher poverty rate because the population is high. But if you think about it, the number of billionaires of India is much more highly numbered than the number of billionaires in the UK.

[bestwriter]

The way the per capita income is calculated that gives no indication of economy ranking. As I have said the high ranking is on account of those rich guys.